Earnings Preview: JC Penney Company Inc (JCP), Pandora Media Inc (P), The Home Depot Inc (HD), Best Buy Co Inc (BBY), Lowe's Companies Inc (LOW)

on November 15 2013 6:19 AM
J.C. Penney
A variety of catalogs are on display at the J.C. Penney store in Westminster, Colo., Feb. 20, 2009. REUTERS/Rick Wilking

More than 90 percent of the companies in the S&P 500 (INDEXSP:.INX) have reported third-quarter earnings, according to S&P Capital IQ, with the year-over-year increase in operating results coming in at 5.6 percent, compared with the 3.4 percent anticipated on Oct. 1. Nine of 10 sectors are seen posting third-quarter EPS increases, with energy reporting the sole decline.

For the fourth quarter, S&P Capital IQ reports that Wall Street analysts now project a 7.2 percent EPS rise, as compared with a 9.6 percent gain expected on Oct. 1 and an 11.2 percent advance anticipated on July 1. Energy and utilities are seen recording year-over-year declines, while consumer discretionary, financials, industrials and telecom services are expected to record low double-digit gains. The S&P 500's profit margin will likely widen further as revenues are seen rising by 3.0 percent, according to Sam Stovall of S&P Capital IQ.

We ran a screen and produced a list of 30 notable companies set to report their earnings Nov. 18-22. We've highlighted their expected reporting dates and times, along with analysts' earnings-per-share (fully reported) and revenue estimates from Reuters, as well as the stocks' year-to-date performances.

Monday Before Markets Open, or BMO:

Tyson Foods Inc. (NYSE:TSN) is a meat protein and food production company. The company has a market capitalization of $10.06 billion. It is expected to report FY 2013 fourth-quarter EPS of 70 cents on revenue of $8.89 billion, compared with a profit of 51 cents per share on revenue of $8.37 billion in the year-ago period. Tyson Foods is trading at around $28.53 per share. So far this year, the stock has gained 47.3 percent.

Monday After Markets Close, or AMC:

Brocade Communications Systems, Inc. (NASDAQ:BRCD) is an American technology company specializing in data and storage networking products. The company has a market capitalization of $3.56 billion. It is expected to report FY 2013 fourth-quarter EPS of 11 cents on revenue of $555.08 million, compared with a profit of 11 cents per share on revenue of $578.36 million in the year-ago period. Brocade Communications Systems Inc. is trading at around $8.05 per share. So far this year, the stock has gained 51.0 percent.

Salesforce.com Inc. (NYSE:CRM) is a provider of enterprise cloud computing and social enterprise solutions. The company has a market capitalization of $33.98 billion. It is expected to report a loss of 18 cents a share in the third quarter of fiscal year 2014 on revenue of $1.06 billion, compared with a loss of 39 cents a share on revenue of $788.40 million in the year-ago period. Salesforce.com Inc. is trading at around $56.94 per share. So far this year, the stock has gained 35.7 percent.

Urban Outfitters Inc. (NASDAQ:URBN) is a lifestyle specialty retail company. The company has a market capitalization of $5.88 billion. It is expected to report FY 2014 third-quarter EPS of 46 cents on revenue of $770.98 million, compared with EPS of 40 cents on revenue of $692.89 million in the year-ago period. Urban Outfitters Inc. is trading at around $39.90 per share. So far this year, the stock has gained 1.4 percent.

Tuesday BMO:

The Home Depot Inc. (NYSE:HD) is a home improvement retailer. The company has a market capitalization of $113.15 billion. It is expected to report FY 2013 third-quarter EPS of 89 cents on revenue of $19.17 billion, compared with EPS of 63 cents on revenue of $18.13 billion in the year-ago period. The Home Depot Inc. is trading at around $78.99 per share. So far this year, the stock has gained 27.7 percent.

Medtronic Inc. (NYSE:MDT) is engaged in medical technology. The company has a market capitalization of $58.34 billion. It is expected to report FY 2014 second-quarter EPS of 90 cents on revenue of $4.18 billion, compared with EPS of 63 cents on revenue of $4.10 billion in the year-ago period. Medtronic Inc. is trading at around $58.52 per share. So far this year, the stock has gained 42.6 percent.

The TJX Companies Inc. (NYSE:TJX) is an off-price apparel and home fashions retailer in the U.S. and worldwide. The company has a market capitalization of $44.96 billion. It is expected to report FY 2014 third-quarter EPS of 81 cents on revenue of $6.91 billion, compared with EPS of 62 cents on revenue of $6.41 billion in the year-ago period. The TJX Companies Inc. is trading at around $62.89 per share. So far this year, the stock has gained 48.1 percent.

Campbell Soup Co. (NYSE:CPB) is a manufacturer and marketer of convenience-food products. The company has a market cap of $13.28 billion. It is expected to report FY 2014 first-quarter EPS of 88 cents on revenue of $2.29 billion, compared with EPS of 78 cents on revenue of $2.34 billion in the year-ago period. Campbell Soup is trading at around $42.40 a share. So far this year, the stock has appreciated 21.4 percent.

Best Buy Co. Inc. (NYSE:BBY) is a multinational retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances and related services. The company has a market capitalization of $14.79 billion. It is expected to report FY 2014 third-quarter EPS of 9 cents on revenue of $9.36 billion, compared with a loss of 3 cents a share on revenue of $9.38 billion in the year-ago period. Best Buy Co. Inc. is trading at around $43.29 per share. So far this year, the stock has gained 265.3 percent.

Wednesday BMO:

ADT Corp (NYSE:ADT) is a provider of electronic security, interactive home and business automation, and monitoring services for residences and small businesses in the U.S. and Canada. The company has a market capitalization of $9.12 billion. It is expected to report FY 2013 fourth-quarter EPS of 46 cents on revenue of $843.11 million, compared with EPS of 40 cents on revenue of $812.00 million in the year-ago period. ADT Corp is trading at around $43.42 per share. So far this year, the stock has lost 6.8 percent.

Deere & Company (NYSE:DE), commonly known as John Deere, based in Moline, Ill., is one of the largest manufacturers of agricultural machinery in the world. The company has a market capitalization of $31.70 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.89 on revenue of $8.68 billion, compared with EPS of $1.75 on revenue of $9.05 billion in the year-ago period. Deere & Company is trading at around $82.81 per share. So far this year, the stock has lost 4.2 percent.

J.C. Penney Company Inc. (NYSE:JCP) is a chain of American mid-range department stores. The company has a market capitalization of $2.64 billion. It is expected to report a loss of $1.64 per share in the third quarter of fiscal year 2013 on revenue of $2.81 billion, compared with a loss of 56 cents per share on revenue of $2.93 billion in the year-ago period. J.C. Penney is trading at around $8.66 per share. So far this year, the stock has lost 56.0 percent.

Lowe's Companies Inc. (NYSE:LOW) is a home improvement retailer. The company has a market capitalization of $54.57 billion. It is expected to report FY 2013 third-quarter EPS of 47 cents on revenue of $12.72 billion, compared with EPS of 35 cents on revenue of $12.07 billion in the year-ago period. Lowe's Companies Inc. is trading at around $51.83 per share. So far this year, the stock has gained 46.0 percent.

Staples Inc. (NASDAQ:SPLS) is an office products company. The company has a market capitalization of $10.41 billion. It is expected to report FY 2013 third-quarter EPS of 43 cents on revenue of $6.18 billion, compared with a loss of 89 cents a share on revenue of $6.35 billion in the year-ago period. Staples Inc. is trading at around $15.76 per share. So far this year, the stock has gained 38.3 percent.

Wednesday AMC:

Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is engaged in the specialty coffee and coffee maker businesses. The company has a market cap of $9.15 billion. It is expected to report FY 2013 fourth-quarter EPS of 71 cents on revenue of $963.83 million, compared with a profit of 58 cents a share on revenue of $946.74 million in the year-ago period. Green Mountain Coffee Roasters is trading at around $60.65 a share. So far this year, the stock has gained 46.6 percent.

L Brands Inc (NYSE:LTD), formerly Limited Brands Inc., operates in the specialty retail business. The company has a market capitalization of $18.84 billion. It is expected to report FY 2013 third-quarter EPS of 28 cents on revenue of $2.17 billion, compared with EPS of 25 cents on revenue of $2.05 billion in the year-ago period. L Brands Inc. is trading at around $64.99 per share. So far this year, the stock has gained 38.1 percent.

Thursday BMO:

Abercrombie & Fitch Co. (NYSE:ANF) is a specialty retailer of casual apparel for men, women and kids. The company has a market capitalization of $2.68 billion. It is expected to report FY 2013 third-quarter EPS of 4 cents on revenue of $1.04 billion, compared with EPS of $1.02 on revenue of $1.17 billion in the year-ago period. Abercrombie & Fitch Co. is trading at around $35.11 per share. So far this year, the stock has lost 26.8 percent.

GameStop Corp. (NYSE:GME) is a multichannel video game retailer. The company has a market capitalization of $6.68 billion. It is expected to report FY 2013 third-quarter EPS of 56 cents on revenue of $1.98 billion, compared with a loss of $5.08 a share on revenue of $1.77 billion in the year-ago period. GameStop Corp. is trading at around $57.13 per share. So far this year, the stock has gained 127.6 percent.

Target Corporation (NYSE:TGT) is an American retailing company. The company has a market capitalization of $42.10 billion. It is expected to report FY 2013 third-quarter EPS of 61 cents on revenue of $17.39 billion, compared with EPS of 96 cents on revenue of $16.93 billion in the year-ago period. Target Corporation is trading at around $66.71 per share. So far this year, the stock has gained 12.8 percent.

Dollar Tree Inc. (NASDAQ:DLTR) is an operator of discount variety stores offering merchandise at the fixed price. The company has a market capitalization of $13.37 billion. It is expected to report FY 2013 third-quarter EPS of 60 cents on revenue of $1.91 billion, compared with EPS of 68 cents on revenue of $1.72 billion in the year-ago period. Dollar Tree Inc. is trading at around $59.96 per share. So far this year, the stock has gained 47.7 percent.

Thursday AMC:

Aruba Networks Inc. (NASDAQ:ARUN) is a provider of next-generation network access solutions for mobile enterprise networks. The company has a market capitalization of $2.11 million. It is expected to report a loss of 7 cents a share on revenue of $157.54 million in the first quarter of fiscal year 2014, compared with a loss of 1 cent a share on revenue of $144.48 million in the year-ago period. Aruba Networks Inc. is trading at around $18.31 per share. So far this year, the stock has lost 11.7 percent.

Autodesk Inc. (NASDAQ:ADSK) designs software and services company. The company has a market capitalization of $9.80 billion. It is expected to report FY 2014 third-quarter EPS of 20 cents on revenue of $547.50 million, compared with EPS of 13 cents on revenue of $548.00 million in the year-ago period. Autodesk Inc. is trading at around $44.03 per share. So far this year, the stock has gained 24.6 percent.

The Gap Inc. (NYSE:GPS) is a global specialty apparel company. The company has a market capitalization of $19.69 billion. It is expected to report FY 2013 third-quarter EPS of 68 cents on revenue of $3.98 billion, compared with EPS of 63 cents on revenue of $3.86 billion in the year-ago period. The Gap Inc. is trading at around $42.12 per share. So far this year, the stock has gained 35.6 percent.

Intuit Inc. (NASDAQ:INTU) is a provider of business and financial management solutions for small businesses, consumers, accounting professionals and financial institutions. The company has a market capitalization of $20.69 billion. It is expected to report a loss of 14 cents a share in the first quarter of fiscal year 2014 on revenue of $603.00 million, compared with a loss of 6 cents a share on revenue of $647.00 million in the year-ago period. Intuit Inc. is trading at around $73.13 per share. So far this year, the stock has gained 23.0 percent.

Marvell Technology Group Ltd. (NASDAQ:MRVL) is a fabless semiconductor provider of application-specific standard products. The company has a market capitalization of $6.73 billion. It is expected to report FY 2014 third-quarter EPS of 15 cents on revenue of $872.89 million, compared with EPS of 12 cents on revenue of $780.88 million in the year-ago period. Marvell Technology Group Ltd. is trading at around $13.67 per share. So far this year, the stock has gained 88.3 percent.

Pandora Media Inc. (NYSE:P) provides online radio services in the U.S. The company has a market cap of $5.63 billion. It is expected to report a breakeven quarter on revenue of $174.51 million in the third quarter of fiscal year 2014, compared with a profit of 1 cent on revenue of $120.01 million in the year-ago period. Pandora is trading at around $29.35 a share. So far this year, the stock has gained 219.8 percent.

Ross Stores Inc. (NASDAQ:ROST) operates two brands of off-price retail apparel and home fashion stores. The company has a market capitalization of $17.60 billion. It is expected to report FY 2013 third-quarter EPS of 80 cents on revenue of $2.43 billion, compared with EPS of 72 cents on revenue of $2.26 billion in the year-ago period. Ross Stores Inc. is trading at around $81.19 per share. So far this year, the stock has gained 50.1 percent.

Splunk Inc. (NASDAQ:SPLK) provides a software database platform. The company has a market cap of $6.61 billion. It is expected to report a loss of 12 cents a share in its FY 2014 third quarter on revenue of $71.08 million, compared with a loss of 6 cents a share on revenue of $52.05 million in the year-ago period. Splunk Inc. is trading at around $62.44 a share. So far this year, the stock has gained 115.1 percent.

Friday BMO:

Foot Locker Inc. (NYSE:FL) is a global retailer of athletic shoes and apparel. The company has a market capitalization of $5.52 billion. It is expected to report FY 2013 third-quarter EPS of 67 cents on revenue of $1.58 billion, compared with EPS of 69 cents on revenue of $1.52 billion in the year-ago period. Foot Locker Inc. is trading at around $37.18 per share. So far this year, the stock has gained 15.7 percent.

PetSmart Inc. (NASDAQ: PETM) is a specialty provider of products, services, and solutions for the lifetime needs of pets. The company has a market cap of $7.64 billion. It is expected to report FY 2013 third-quarter EPS of 86 cents on revenue of $1.70 billion, compared with a profit of 675 cents a share on revenue of $1.63 billion in the year-ago period. PetSmart is trading at around $73.52 a share. So far this year, the stock has gained 7.6 percent.

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